Forex Opinion & Analysis

As my colleague Kathleen Brooks noted yesterday in her in-depth preview, today is a major day for the British pound (see “Bank of England: Binge Watching the Bank's Next Move”). In...

Short term Elliott Wave view suggests wave ((w)) decline from 96.16 is in progress and taking the form of a double three wxy where wave w ended at 94.09, wave x bounce is in progress and expected to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What Makes Thursday "Super" for GBP? Dollar Soars as Service Sector Index Hits 10 Year High USD/CAD Marches Higher AUD Shrugs...

As we expected in our July 12 Article, ".. This potentially form the next swing low on the daily, if there are not enough sellers who are willing to continuously sell at current rate, around...

The growth in the Gross Domestic Product figures in the previous week suggested that the economic performance of the United States is still average and almost lackluster. The GDP growth is at 2.3...

Talking Points USD/JPY inching towards key pivot S&P 500 meandering around 50-day MA US DOLLAR testing key retracement again Foreign Exchange Price & Time at a Glance: ChartPrepared by...

Fed speakers dominate FX news flow today, with GBP focus moving to the BoE’s `Super Thursday`FX markets have once again been guided by the USD today, as a Fed rate lift off comes into focus...

The market is continuing its pressure build up before the Bank of England convenes and Friday’s publication of US labor market data. Comments made by Atlanta Federal Reserve chief, Lockhart,...

“Drivers, start your engines!”The classic starting command for the Indianapolis 500 will jumpstart the heartbeat of any true racing fan, and global traders are revving up for a similarly...

Today we present you another personal composite instrument (PCI). It is the Australian dollar. We believe that it reflects to the fullest extent the Australian economic advance and has a low...

GBP/USD: With GBP reversing its two-day weakness on Wednesday following a strong rally, risk of further move higher is likely. On the downside, support lies at the 1.5550 level where a break if seen...

Currently we are at 2.1187 after a nice correction. We are looking for a continuation to the 0.618 Fibo support area @ 2.0917 with an overall target @ 2.0850. The average daily true range (ATR) for...

One month ago I wrote here about Preparing For A Dollar Break Out. The US Dollar Index had been moving in a symmetrical triangle pattern and had just made its 5th touch of the triangle side. It seemed...

EUR/USDCurrent level - 1.0874 Yesterday's break through 1.0930 low confirms a negative bias, for a test of 1.0820 support zone. Initial intraday resistance lies at 1.0930, followed by the crucial...